System1 Group PLC Exercise of Options and Director Dealing (3574I)
June 16 2017 - 7:33AM
UK Regulatory
TIDMSYS1
RNS Number : 3574I
System1 Group PLC
16 June 2017
Press Release 16 June 2017
System1 Group PLC (AIM: SYS1)
formerly BrainJuicer Group PLC
("System1", or "the Company", or "the Group")
Exercise of Options
Director Dealing
The Company announces that on 15 June 2017, it transferred
155,134 ordinary shares of 1 pence each in the Company ("Ordinary
Shares") which were held in treasury to a Director, Alex Batchelor,
on exercise of stock options.
Following this exercise, Alex Batchelor subsequently sold
110,000 Ordinary Shares, on market, at a price of 770p per Ordinary
Share (again on 15 June 2017).
Following these transactions: (i) Alex Batchelor holds 179,784
Ordinary Shares (up from 134,650), representing 1.45% of the voting
rights of the Company; (ii) the Company holds 806,855 Ordinary
Shares as treasury shares (down from 961,989 previously); and (iii)
its total number of Ordinary Shares with voting rights is now
12,419,918 (up from 12,264,784 previously).
As previously announced, Alex Batchelor resigned as a Director,
with effect from 30 June 2017.
The notification set out below is provided in accordance with
the requirements of the EU Market Abuse Regulation.
Notification of a Transaction pursuant to Article 19(1) of
Regulation (EU) No. 596/2014
1. Details of the Person discharging managerial
responsibilities ("PDMR") / person closely
associated with them ("PCA")
--- ---------------------------------------------------------------------
a) Name Alex Batchelor
--- ------------------------------ -------------------------------------
2. Reason for the notification
--- ---------------------------------------------------------------------
a) Position / status Director (until 30 June 2017)
--- ------------------------------ -------------------------------------
b) Initial notification Initial notification
/ amendment
--- ------------------------------ -------------------------------------
3. Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ---------------------------------------------------------------------
a) Name System1 Group PLC
--- ------------------------------ -------------------------------------
b) Legal Entity n/a
Identifier
--- ------------------------------ -------------------------------------
4. Details of the transaction(s): section to
be repeated for (i) each type of instrument;
(ii) each type of transaction; (iii) each
date; and (iv) each place where transactions
have been conducted
--- ---------------------------------------------------------------------
a) Description of Options over Ordinary Shares
the financial GB00B1GVQH21
instrument
--- ------------------------------ -------------------------------------
b) Nature of the Exercise of options
transaction
--- ------------------------------ -------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) --------- ----------------
Nil cost 155,134 Options
--------- ----------------
--- ------------------------------ -------------------------------------
d) Aggregated information
* Aggregated volume N/A - single transaction
* Aggregated price
* Aggregated total
--- ------------------------------ -------------------------------------
e) Date of the transaction 15 June 2017 (UK)
--- ------------------------------ -------------------------------------
f) Place of the Outside a trading venue
transaction
--- ------------------------------ -------------------------------------
4. Details of the transaction(s): section to
be repeated for (i) each type of instrument;
(ii) each type of transaction; (iii) each
date; and (iv) each place where transactions
have been conducted
--- ---------------------------------------------------------------------
a) Description of Ordinary Shares
the financial GB00B1GVQH21
instrument
--- ------------------------------ -------------------------------------
b) Nature of the Sale of Ordinary Shares
transaction
--- ------------------------------ -------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) ---------- -----------------------
770 pence 25,000 Ordinary Shares
---------- -----------------------
770 pence 85,000 Ordinary Shares
---------- -----------------------
--- ------------------------------ -------------------------------------
d) Aggregated information
* Aggregated volume 110,000 Ordinary Shares
770 pence per Ordinary Share
Total consideration of GBP847,000
* Aggregated price
* Aggregated total
--- ------------------------------ -------------------------------------
e) Date of the transaction 15 June 2017 (UK)
--- ------------------------------ -------------------------------------
f) Place of the London Stock Exchange
transaction
--- ------------------------------ -------------------------------------
The Company can be found at www.system1group.com.
For further information, please contact:
System1 Group PLC Tel: +44 (0)20
7043 1000
John Kearon, Chief Executive
Officer
James Geddes, Chief Financial
Officer
Canaccord Genuity Limited Tel: +44 (0)20
7523 8000
Simon Bridges / Emma Gabriel
This information is provided by RNS
The company news service from the London Stock Exchange
END
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